9.19 USD
+0.08 (+0.88%)
9.19 USD
0 (0%)
SHLS gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 91 industry peers in the Electrical Equipment industry. SHLS is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. SHLS has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year SHLS was profitable.
In the past year SHLS had a positive cash flow from operations.
SHLS had positive earnings in each of the past 5 years.
SHLS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
SHLS has a Return On Assets of 3.91%. This is in the better half of the industry: SHLS outperforms 75.82% of its industry peers.
The Return On Equity of SHLS (5.64%) is better than 74.73% of its industry peers.
With a decent Return On Invested Capital value of 5.16%, SHLS is doing good in the industry, outperforming 73.63% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SHLS is below the industry average of 9.90%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.91% | ||
| ROE | 5.64% | ||
| ROIC | 5.16% |
ROA(3y)9.74%
ROA(5y)9.41%
ROE(3y)18.49%
ROE(5y)N/A
ROIC(3y)7.05%
ROIC(5y)8.61%
1.3 Margins
SHLS has a better Profit Margin (7.67%) than 81.32% of its industry peers.
SHLS's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 12.78%, SHLS belongs to the top of the industry, outperforming 83.52% of the companies in the same industry.
In the last couple of years the Operating Margin of SHLS has declined.
The Gross Margin of SHLS (36.82%) is better than 83.52% of its industry peers.
In the last couple of years the Gross Margin of SHLS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.78% | ||
| PM (TTM) | 7.67% | ||
| GM | 36.82% |
OM growth 3Y-8.94%
OM growth 5Y-7.19%
PM growth 3Y77.6%
PM growth 5Y-19.03%
GM growth 3Y-2.8%
GM growth 5Y3.07%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SHLS is destroying value.
SHLS has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, SHLS has about the same amount of shares outstanding.
The debt/assets ratio for SHLS has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.57 indicates that SHLS is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.57, SHLS is in the better half of the industry, outperforming 75.82% of the companies in the same industry.
The Debt to FCF ratio of SHLS is 16.39, which is on the high side as it means it would take SHLS, 16.39 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of SHLS (16.39) is better than 63.74% of its industry peers.
SHLS has a Debt/Equity ratio of 0.21. This is a healthy value indicating a solid balance between debt and equity.
SHLS has a better Debt to Equity ratio (0.21) than 64.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 16.39 | ||
| Altman-Z | 4.57 |
ROIC/WACC0.6
WACC8.65%
2.3 Liquidity
A Current Ratio of 2.19 indicates that SHLS has no problem at all paying its short term obligations.
The Current ratio of SHLS (2.19) is better than 67.03% of its industry peers.
SHLS has a Quick Ratio of 1.53. This is a normal value and indicates that SHLS is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.53, SHLS is in the better half of the industry, outperforming 64.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.19 | ||
| Quick Ratio | 1.53 |
3. Growth
3.1 Past
SHLS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.81%.
Measured over the past years, SHLS shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.95% on average per year.
Looking at the last year, SHLS shows a small growth in Revenue. The Revenue has grown by 2.68% in the last year.
Measured over the past years, SHLS shows a very strong growth in Revenue. The Revenue has been growing by 22.54% on average per year.
EPS 1Y (TTM)-10.81%
EPS 3Y14.47%
EPS 5Y-0.95%
EPS Q2Q%50%
Revenue 1Y (TTM)2.68%
Revenue growth 3Y23.25%
Revenue growth 5Y22.54%
Sales Q2Q%32.93%
3.2 Future
SHLS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.59% yearly.
SHLS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.41% yearly.
EPS Next Y19.23%
EPS Next 2Y24.62%
EPS Next 3Y22.98%
EPS Next 5Y15.59%
Revenue Next Year19.75%
Revenue Next 2Y19.32%
Revenue Next 3Y16.47%
Revenue Next 5Y12.41%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 27.85 indicates a quite expensive valuation of SHLS.
Compared to the rest of the industry, the Price/Earnings ratio of SHLS indicates a somewhat cheap valuation: SHLS is cheaper than 79.12% of the companies listed in the same industry.
SHLS's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.50.
A Price/Forward Earnings ratio of 17.93 indicates a rather expensive valuation of SHLS.
SHLS's Price/Forward Earnings ratio is rather cheap when compared to the industry. SHLS is cheaper than 83.52% of the companies in the same industry.
SHLS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.93.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.85 | ||
| Fwd PE | 17.93 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SHLS is valued a bit cheaper than 71.43% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SHLS indicates a somewhat cheap valuation: SHLS is cheaper than 63.74% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 198.95 | ||
| EV/EBITDA | 23.9 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of SHLS may justify a higher PE ratio.
A more expensive valuation may be justified as SHLS's earnings are expected to grow with 22.98% in the coming years.
PEG (NY)1.45
PEG (5Y)N/A
EPS Next 2Y24.62%
EPS Next 3Y22.98%
5. Dividend
5.1 Amount
SHLS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
9.19
+0.08 (+0.88%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners115.38%
Inst Owner Change-2.04%
Ins Owners0.8%
Ins Owner Change-0.2%
Market Cap1.54B
Revenue(TTM)433.99M
Net Income(TTM)33.27M
Analysts79.23
Price TargetN/A
Short Float %8.23%
Short Ratio2.18
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.54%
Min EPS beat(2)-7.85%
Max EPS beat(2)18.92%
EPS beat(4)1
Avg EPS beat(4)-7.79%
Min EPS beat(4)-23.86%
Max EPS beat(4)18.92%
EPS beat(8)3
Avg EPS beat(8)-6.28%
EPS beat(12)7
Avg EPS beat(12)7.56%
EPS beat(16)10
Avg EPS beat(16)3.77%
Revenue beat(2)2
Avg Revenue beat(2)2.8%
Min Revenue beat(2)1.73%
Max Revenue beat(2)3.87%
Revenue beat(4)4
Avg Revenue beat(4)3.59%
Min Revenue beat(4)1.73%
Max Revenue beat(4)6.14%
Revenue beat(8)6
Avg Revenue beat(8)1.82%
Revenue beat(12)9
Avg Revenue beat(12)2.27%
Revenue beat(16)11
Avg Revenue beat(16)1.85%
PT rev (1m)20.58%
PT rev (3m)40.72%
EPS NQ rev (1m)-0.51%
EPS NQ rev (3m)-6.01%
EPS NY rev (1m)-3.28%
EPS NY rev (3m)-2.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.49%
Revenue NY rev (1m)1.99%
Revenue NY rev (3m)2.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.85 | ||
| Fwd PE | 17.93 | ||
| P/S | 3.54 | ||
| P/FCF | 198.95 | ||
| P/OCF | 43.77 | ||
| P/B | 2.61 | ||
| P/tB | 3.18 | ||
| EV/EBITDA | 23.9 |
EPS(TTM)0.33
EY3.59%
EPS(NY)0.51
Fwd EY5.58%
FCF(TTM)0.05
FCFY0.5%
OCF(TTM)0.21
OCFY2.28%
SpS2.59
BVpS3.52
TBVpS2.89
PEG (NY)1.45
PEG (5Y)N/A
Graham Number5.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.91% | ||
| ROE | 5.64% | ||
| ROCE | 7.3% | ||
| ROIC | 5.16% | ||
| ROICexc | 5.22% | ||
| ROICexgc | 6.07% | ||
| OM | 12.78% | ||
| PM (TTM) | 7.67% | ||
| GM | 36.82% | ||
| FCFM | 1.78% |
ROA(3y)9.74%
ROA(5y)9.41%
ROE(3y)18.49%
ROE(5y)N/A
ROIC(3y)7.05%
ROIC(5y)8.61%
ROICexc(3y)7.24%
ROICexc(5y)8.93%
ROICexgc(3y)8.98%
ROICexgc(5y)20.95%
ROCE(3y)9.98%
ROCE(5y)12.18%
ROICexgc growth 3Y-14.52%
ROICexgc growth 5Y-38.93%
ROICexc growth 3Y-7.16%
ROICexc growth 5Y-15.5%
OM growth 3Y-8.94%
OM growth 5Y-7.19%
PM growth 3Y77.6%
PM growth 5Y-19.03%
GM growth 3Y-2.8%
GM growth 5Y3.07%
F-Score5
Asset Turnover0.51
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 16.39 | ||
| Debt/EBITDA | 1.84 | ||
| Cap/Depr | 206.43% | ||
| Cap/Sales | 6.32% | ||
| Interest Coverage | 5.79 | ||
| Cash Conversion | 51.12% | ||
| Profit Quality | 23.24% | ||
| Current Ratio | 2.19 | ||
| Quick Ratio | 1.53 | ||
| Altman-Z | 4.57 |
F-Score5
WACC8.65%
ROIC/WACC0.6
Cap/Depr(3y)65.64%
Cap/Depr(5y)54.49%
Cap/Sales(3y)1.74%
Cap/Sales(5y)1.8%
Profit Quality(3y)176.81%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-10.81%
EPS 3Y14.47%
EPS 5Y-0.95%
EPS Q2Q%50%
EPS Next Y19.23%
EPS Next 2Y24.62%
EPS Next 3Y22.98%
EPS Next 5Y15.59%
Revenue 1Y (TTM)2.68%
Revenue growth 3Y23.25%
Revenue growth 5Y22.54%
Sales Q2Q%32.93%
Revenue Next Year19.75%
Revenue Next 2Y19.32%
Revenue Next 3Y16.47%
Revenue Next 5Y12.41%
EBIT growth 1Y-16.67%
EBIT growth 3Y12.23%
EBIT growth 5Y13.73%
EBIT Next Year79.77%
EBIT Next 3Y38.6%
EBIT Next 5Y25.51%
FCF growth 1Y-91.56%
FCF growth 3YN/A
FCF growth 5Y15.88%
OCF growth 1Y-64.84%
OCF growth 3YN/A
OCF growth 5Y17.31%
SHOALS TECHNOLOGIES GROUP -A / SHLS FAQ
Can you provide the ChartMill fundamental rating for SHOALS TECHNOLOGIES GROUP -A?
ChartMill assigns a fundamental rating of 6 / 10 to SHLS.
What is the valuation status for SHLS stock?
ChartMill assigns a valuation rating of 5 / 10 to SHOALS TECHNOLOGIES GROUP -A (SHLS). This can be considered as Fairly Valued.
Can you provide the profitability details for SHOALS TECHNOLOGIES GROUP -A?
SHOALS TECHNOLOGIES GROUP -A (SHLS) has a profitability rating of 6 / 10.
What is the earnings growth outlook for SHOALS TECHNOLOGIES GROUP -A?
The Earnings per Share (EPS) of SHOALS TECHNOLOGIES GROUP -A (SHLS) is expected to grow by 19.23% in the next year.